When accounting for treasury stock under the cost method, which of the following statements is...
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Accounting
When accounting for treasury stock under the cost method, which of the following statements is inaccurate? O A) Treasury stock is deducted in the stockholders' equity section of the balance sheet. B) A cost flow assumption is applied when a company has multiple purchases of treasury stock OC) When treasury stock is sold for more than its acquisition cost, the difference is credited to either Retained Earnings or Paid-in Capital - Treasury Stock. OD) When treasury stock is sold for less than its acquisition cost, the difference is credited to either Retained Earnings or Paid-in Capital - Treasury Stock
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